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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.95+0.3%Dec 1 3:59 PM EST

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To: Jay8088 who wrote (18924)9/29/1998 1:14:00 AM
From: craig crawford  Read Replies (1) of 164684
 
>> Nikkei once again approaching the critical 13,500 level, this downturn could be pretty sharp <<

I find it interesting that the Nikkei support levels people talk about keep changing. People once said that 15,000 was the key support level. Once that was broken 14,000-14,500 was the critical level for banks.

Now that it's in the 13,000's maybe it will change again and people will say that there is no problem as long as it holds the 12,000 level.

Of course companies like LTCB are finding out that maybe 15,000 was a critical support after all.
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